BEA Systems climbs 10% in wake of earnings report

SAN FRANCISCO (MarketWatch) -- BEA Systems Inc.
beas
shares rose as much at 10% Thursday following the application-server software company's first-quarter report. BEA climbed $1.17 a share, to $13.02, after saying it earned $35.3 million, or 9 cents a share, compared to $34.1 million, or 8 cents a share a year ago. Revenue rose to $323.2 million from $281.7 million in the year-ago period. Sales were driven by increased license-fee sales, which rose to $132.4 million from the $116 million reported a year ago, and services revenue that climbed to $191 million from $165.7 million last year.

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